With mortgage rates still in the upper-mid 6% range, borrowers who received mortgages in May 2023 paid an average of $2,331 a month, up 20% from a year prior. That’s according to the latest origination […]
Wayne purchased it the 1970s and invited friends to visit for horseback riding and outdoor activities. The post John Wayne’s California Ranch Sold After Five Years On and Off the Market appeared first on Weekly […]
Home prices aren’t crashing, despite what the housing bubble boys are saying. In fact, home prices have firmed up higher recently. The housing bubble boys are a crew that from 2012 to 2019 screamed housing […]
A new four-episode spinoff series called “Fixer to Fabulous: Italiano” takes the HGTV favorite to Tuscany. The post Hits and Misses for the Real Estate Week of June 5-9 appeared first on Weekly Real Estate […]
After seeing disappointing inventory growth two weeks ago, which I chalked up to the Memorial Day holiday, I was hoping for a big push in active listings last week, but that didn’t happen. And, the […]
WASHINGTON (June 8, 2023) – The U.S. housing market is short more than 300,000 affordable homes for middle-income buyers, according to a new analysis from the National Association of Realtors® and Realtor.com®. The country’s persistent […]
HSBC has temporarily withdrawn mortgage deals for new borrowers due to a surge in demand ahead of expected rate rises. The bank said on Thursday it would remove all its “new business” residential and buy-to-let […]
WASHINGTON, June 8 (Reuters) – The International Monetary Fund on Thursday urged the U.S. Federal Reserve and other global central banks to “stay the course” on monetary policy and remain vigilant in combating inflation. IMF spokesperson Julie […]
Saudi Real Estate Refinance Company (SRC) has announced that it has entered into an agreement with Ginnie Mae, a US government-owned corporation operating within the Department of Housing and Urban Development, for sharing of policies […]
Some US banks greatly expanded their exposure to commercial real estate loans in recent months as a result of M&A transactions. Commercial real estate (CRE) loans at US banks rose to $2.436 trillion as of […]
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